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Book Synopsis
In a fast-moving world, the necessity of making decisions, and preferably good ones, has become even more difficult. One reason is the variety and number of choices perhaps available which often are not presented or understood. Alternatives are often unclear and complex paths to them confusing and misleading. Thus the process of decision making itself requires analysis on an ongoing basis. Decision making is often made based on cultural factors whereas the best alternative might be quite different. The subject touches ethics aspects as well as psychological considerations. This book presents important research on the psychology of decision making related to economics, business and finance.

Psychology of Decision Making in Economics,

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    A Hardback by Klaus P Hofmann

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      Book details

      Publisher Nova Science Publishers Inc
      Published 1 January 2008
      ISBN-13 9781600219177
      978-1600219177
      ISBN-10 1600219179
      Also in:
      Management decision making Dictionaries, Reference & Language Decision theory: general Psychology

      Description

      Book Synopsis
      In a fast-moving world, the necessity of making decisions, and preferably good ones, has become even more difficult. One reason is the variety and number of choices perhaps available which often are not presented or understood. Alternatives are often unclear and complex paths to them confusing and misleading. Thus the process of decision making itself requires analysis on an ongoing basis. Decision making is often made based on cultural factors whereas the best alternative might be quite different. The subject touches ethics aspects as well as psychological considerations. This book presents important research on the psychology of decision making related to economics, business and finance.

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